Financial Planning for Bitcoiners with Zechariah Schaefer | Value Stack 41
Table of Contents
Show Description
Zechariah Schaefer, CFP®, is the founder of Ascent, a next-generation wealth management & tax firm helping Founders, Tech Professionals, & Crypto Investors to reduce taxes, build wealth intentionally, & invest wisely. Due to his firm’s unique Gen Z & Millennial niche, flat-fee model, & his 10,000+ social media following, Zechariah’s been featured in CNBC, Forbes, Investopedia, & more.
In this episode, we discuss a financial advisor’s perspective on bitcoin, and how this asset is a growing part of younger investors’ planning. We talk about practical ways that people can improve their own financial position, debt and leverage, philosophies of value and diversification, and more.
Timestamps
- 00:00 Intro
- 1:40 Why should someone still consider a financial advisor in 2023?
- 4:40 How do financial advisors compete in an automated investing world?
- 7:45 Why did you start your own RIA instead of joining a big firm?
- 11:55 What areas of advice do millenials in tech need help with?
- 26:10 Most common Gen-Z financial planning mistakes
- 31:00 How do you create a beginning financial plan?
- 33:45 How do you think about debt in 2023?
- 37:00 Discussing personal residence real estate as an investment
- 39:00 How do you define “value”?
- 44:20 Asset allocation for crypto investors in 2023
- 51:00 Considering children and family in a financial plan
- 53:06 Bitcoiner’s take on retirement accounts and social security
- 56:00 Money printing, bitcoin, CBDCs and predicting our future monetary system
- 1:05:00 Custodial bitcoin
- 1:08:40 Outro – General tips to improve your own financial position
Social Media
If you’re interested in learning how bitcoin can serve as a part of a sound financial plan, check out Zechariah’s social media below.
